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Highlights:
- Touchstone successfully commissions flowline for initial production from Cascadura C well pad.
- New natural gas separator boosts processing capacity to approximately 140 million cubic feet per day.
- Isochronal testing set to optimize production models for Cascadura-2ST1 and Cascadura-3ST1 wells.
Touchstone Exploration Inc. is thrilled to announce the initial production from its Cascadura C well pad, a significant step forward in the company's operations. The successful commissioning of the flowline connecting the Cascadura C surface location to the Cascadura natural gas processing plant is a crucial development that ties in the Cascadura-2ST1 and Cascadura-3ST1 wells. This milestone not only enhances production capabilities but also strengthens the infrastructure needed for efficient operations in the region.
In conjunction with the flowline installation, Touchstone has also brought a new natural gas separator online. This addition expands the processing capacity of the Cascadura plant to approximately 140 million cubic feet per day, positioning the company for increased production and revenue generation. The enhanced facility will play a vital role in the company's efforts to optimize natural gas output and streamline operations.
Currently, Touchstone is conducting production testing operations on the Cascadura-2ST1 well, with plans to advance to the Cascadura-3ST1 well thereafter. These tests, known as isochronal tests, are designed to evaluate each well's production capacity and refine future production models. The process involves flowing each well at various choke sizes to measure flow rates and pressures, followed by pressure buildup periods to assess reservoir performance. All produced gas during this testing phase will be processed and sold, generating immediate revenue for the company. Touchstone anticipates completing these testing operations within the next two weeks, after which both the Cascadura-2ST1 and Cascadura-3ST1 wells will transition into continuous production.
Paul R. Baay, President and Chief Executive Officer of Touchstone, expressed enthusiasm about this development, stating, “We are excited to announce the commencement of production from the Cascadura C pad, marking a significant milestone as tested volumes from these wells begin generating revenue.” Baay emphasized the importance of determining optimal production levels to maximize recovery from this portion of the structure, highlighting the exciting opportunity to expand reserves potential across the field as evaluations continue.
The strategic establishment of infrastructure throughout the Cascadura field creates operational efficiencies that are expected to significantly reduce cycle times from drilling to production. This infrastructure development is not only crucial for immediate operations but also lays the groundwork for future expansion and resource extraction within the region.
As Touchstone continues to evaluate the Cascadura structure, especially to the east, the company remains focused on enhancing its production capabilities and expanding its reserves. The successful initiation of production from the Cascadura C well pad is a testament to Touchstone's commitment to operational excellence and its potential for growth in the natural gas sector.
In summary, the commencement of production at Cascadura C marks a pivotal moment for Touchstone Exploration Inc. The company’s strategic investments in infrastructure and commitment to optimizing production processes position it well for continued success in the competitive energy market. As testing concludes and continuous production begins, stakeholders can anticipate positive developments from this key asset in Touchstone's portfolio.
